Shuaiba Industrial Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Shuaiba Industrial Company K.P.S.C has a total shareholder equity of KWD18.5M and total debt of KWD717.9K, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are KWD24.6M and KWD6.0M respectively. Shuaiba Industrial Company K.P.S.C's EBIT is KWD1.1M making its interest coverage ratio 76.7. It has cash and short-term investments of KWD7.6M.
Key information
3.9%
Debt to equity ratio
د.ك717.94k
Debt
| Interest coverage ratio | 76.7x |
| Cash | د.ك7.61m |
| Equity | د.ك18.55m |
| Total liabilities | د.ك6.02m |
| Total assets | د.ك24.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAPER's short term assets (KWD14.8M) exceed its short term liabilities (KWD3.5M).
Long Term Liabilities: PAPER's short term assets (KWD14.8M) exceed its long term liabilities (KWD2.5M).
Debt to Equity History and Analysis
Debt Level: PAPER has more cash than its total debt.
Reducing Debt: PAPER's debt to equity ratio has reduced from 11.1% to 3.9% over the past 5 years.
Debt Coverage: PAPER's debt is well covered by operating cash flow (707.9%).
Interest Coverage: PAPER's interest payments on its debt are well covered by EBIT (76.7x coverage).